NEW YORK (AP) — Defunct trading company MF Global Inc. has terminated its entire workforce of 1,066 employees, the trustee for its liquidation said Friday. James W. Giddens, the court-appointed trustee for the liquidation of MF Global, said in a statement that the company is dismissing workers in accordance with […]

ROME/ATHENS (Reuters) – Italy’s parliament began rushing through austerity measures demanded by the European Union to avert a euro zone meltdown, after U.S. President Barack Obama ratcheted up pressure for more dramatic action from the currency bloc. Italy’s Senate approved a new budget law, clearing the way for approval of […]

WASHINGTON (Reuters) – The International Monetary Fund on Friday warned that advanced economies could fall back into recession unless policy-makers move with greater urgency to agree on policies to boost growth. In a note prepared for the G20 summit in Cannes, France, last week but only published on Friday, the […]